alleryStart learning →Which US law made due diligence a legal term?
ASarbanes-Oxley Act 2002
BSecurities Act of 1933
CDodd-Frank Act of 2010
DExchange Act of 1934
Answer & Solution
Correct answer: B. Securities Act of 1933
The Securities Act of 1933 gave a defence for those who made a reasonable investigation, later called due diligence.
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